Tender of 5-year Government Bonds under the Institutional Bond Issuance Programme to be held on Wednesday, 19 February 2014
The following is issued by the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Monday) that a tender of 5-year Government Bonds (Bonds) under the Institutional Bond Issuance Programme will be held on Wednesday, 19 February 2014, for settlement on Thursday, 20 February 2014.
A total of HK$3 billion 5-year Bonds will be tendered. The Bonds will mature on 20 February 2019 and will carry interest at the rate of 1.47% per annum payable semi-annually in arrears.
Under the Institutional Bond Issuance Programme, tender is open only to Recognized Dealers which are appointed as Primary Dealers. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Government Bond Programme’s website at http://www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA’s website, Government Bond Programme’s website, the Reuters screen (HKGBINDEX), and Bloomberg (GBHK <GO>) not later than 3:00 pm on the tender day.
Hong Kong Monetary Authority
10 February 2014
HKSAR GOVERNMENT INSTITUTIONAL BOND ISSUANCE PROGRAMME TENDER INFORMATION
Tender information of 5-year Government Bonds under the Institutional Bond Issuance Programme:-
Issue Number |
: |
05GB1902 |
Stock code |
: |
4219 (HKGB 1.47 1902) |
Tender Date and Time |
: |
Wednesday, 19 February 2014 |
Issue and Settlement Date |
: |
Thursday, 20 February 2014 |
Amount on Offer |
: |
HK$3 billion |
Maturity |
: |
Five years |
Maturity Date |
: |
20 February 2019 |
Interest Rate |
: |
1.47% p.a., payable semi-annually in arrears |
Interest Payment Dates |
: |
20 August 2014 |
Method of Tender |
: |
Competitive tender |
Tender Amount |
: |
Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the current published list. |
Other details |
: |
Please see Information Memorandum available on the Government Bond Programme’s website at http://www.hkgb.gov.hk or approach Primary Dealers. |
Expected commencement date of dealing on |
: |
21 February 2014 |
Price/Yield Table of the new Government Bonds at tender for reference* only :-
Yield-to-Maturity Price Yield-to-Maturity Price 0.470 104.94 1.470 100.03 0.520 104.69 1.520 99.79 0.570 104.43 1.570 99.55 0.620 104.18 1.620 99.31 0.670 103.93 1.670 99.08 0.720 103.68 1.720 98.84 0.770 103.43 1.770 98.61 0.820 103.19 1.820 98.37 0.870 102.94 1.870 98.14 0.920 102.69 1.920 97.91 0.970 102.45 1.970 97.68 1.020 102.20 2.020 97.44 1.070 101.96 2.070 97.21 1.120 101.71 2.120 96.98 1.170 101.47 2.170 96.75 1.220 101.23 2.220 96.53 1.270 100.99 2.270 96.30 1.320 100.74 2.320 96.07 1.370 100.50 2.370 95.84 1.420 100.26 2.420 95.62 1.470 100.03 2.470 95.39
* Disclaimer
The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Hong Kong Monetary Authority
10 February 2014